Q2 Metals Corp. (TSX-V: QTWO)(OTC: QUEXF) VP Exploration Neil McCallum on Hitting the Longest Spodumene-Pegmatite Interval To-Date at the Flagship Cisco Lithium Project, James Bay, Quebec, with a Look Ahead to 2025 Drilling $QTWO.V @Q2Metals https://t.co/etWNBIXAXl
@RSDigest@Q2Metals Manono, DRC is the largest (for now) known LCT Pegmatite. Some of the better drill hits include 235 m of 1.66%Li2O, 250.9 m of 1.48% Li2O.
$QTWO intersected a continuous 347 m of spodumene pegmatite in Hole 21.
A price explosion boils down to this ONE chart
Lithium prices are at rock bottom.
It’s putting miners out of business, mid-tiers cutting costs and dissuading explorers from developing new projects.
All at a time as demand continues to expand.
For mega-scale, low-cost producers, less competition is amazing news.
Thanks to the Inflation Reduction Act of 2022, North American lithium is set to command a stiff premium over global lithium.
And adding fuel to the fire, the Canadian government just announced to slap major tariffs on Chinese lithium.
This is all reaching a BOILING POINT…
And a large, high grade Canadian lithium project has suddenly become far more valuable.
Already, lithium appears to be forming a nice price bottom.
It might not be THE bottom, but anyone who thinks they can time one is full of it.
>>Many lithium stocks are up 20-30% from their 52-week lows.
Q2 Metals Confirms Lithium Mineralization at Eight New Zones Discovered at the Cisco Lithium Property, James Bay, Quebec, Canada || $QTWO @Q2Metals #Lithium https://t.co/U9KIaQlaeN
Q2 Metals Discovers New Spodumene Pegmatite Occurences and Extends the Mia Lithium Exploration Trend to 9.7 Kilometres || $QTWO @Q2Metals #Lithium https://t.co/8yr2tpHDX1
Q2 Metals Discovers New Spodumene Pegmatite Occurences and Extends the Mia Lithium Exploration Trend to 9.7 Kilometres $QTWO $QUEXF #Lithium
Full press release here: https://t.co/qvEDuPu150